Is Seekonk, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Seekonk has remained a Seller's Market.
Key Takeaway
Seekonk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seekonk, MA
How much do homes in Seekonk, MA cost?
Median Sold Price
$530,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Seekonk have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Seekonk was $530,000 in June 2024, up 6.9% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $320K | +88.2% |
| 2 Bedrooms | $351.2K | $410K | +16.7% |
| 3 Bedrooms | $475K | $531.2K | +11.8% |
| 4 Bedrooms | $675K | $599.9K | -11.1% |
| 5+ Bedrooms | $725K | $1.2M | +70.7% |
Summary: Seekonk housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.2%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 70.7%.
Median Sold Price Compared To Nearby Cities
| East Providence | $380K | $410.2K | +8.0% |
| Seekonk | $496K | $530K | +6.9% |
| Pawtucket | $360K | $385K | +6.9% |
| Riverside | $375K | $400K | +6.7% |
| Rumford | $439.5K | $449K | +2.2% |
Housing Supply in Seekonk, MA
How many homes are available in Seekonk, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 55 | 59 | +7.3% |
Summary: The Seekonk real estate market had 59 homes for sale in June 2024, a 7.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 37 | 33 | -10.8% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Seekonk housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seekonk, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Seekonk in June 2024, down by 44.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.
Days on Market for Seekonk, MA
How long does it take to sell a home in Seekonk, MA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +41.5% |
Summary: Homes in Seekonk had an average of 28 days on market in Jun 2024, up by 41.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seekonk are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 10 homes were sold in Seekonk; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
